NMI Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGM:NMIH Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
01 May 25	SellUS$865,181	William Leatherberry	Individual	24,000	US$36.64
01 May 25	SellUS$731,582	Robert Smith	Individual	20,000	US$36.58
01 May 25	SellUS$2,089,051	Adam Pollitzer	Individual	57,166	US$36.54
18 Mar 25	SellUS$97,334	Nicholas Realmuto	Individual	2,755	US$35.33
24 Feb 25	SellUS$591,718	Mohammad Yousaf	Individual	16,600	US$35.66
24 Feb 25	SellUS$717,600	Norman Fitzgerald	Individual	20,000	US$35.88
18 Sep 24	SellUS$12,222	Nicholas Realmuto	Individual	291	US$42.00
27 Aug 24	SellUS$200,210	William Leatherberry	Individual	5,000	US$40.07
31 Jul 24	SellUS$980,935	William Leatherberry	Individual	24,725	US$39.67
31 Jul 24	SellUS$1,023,415	Michael Embler	Individual	26,008	US$39.35

Insider Trading Volume

Insider Buying: NMIH insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of NMIH?
Owner Type	Number of Shares	Ownership Percentage
State or Government	63,732	0.0813%
Individual Insiders	1,364,139	1.74%
Institutions	76,955,079	98.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 69.66% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.9%	BlackRock, Inc.	13,189,983	US$496.2m	-4.39%	0.01%
9.16%	The Vanguard Group, Inc.	7,158,877	US$269.3m	0.55%	no data
5.6%	Dimensional Fund Advisors LP	4,377,215	US$164.7m	-0.46%	0.03%
4.89%	State Street Global Advisors, Inc.	3,816,318	US$143.6m	7.04%	0.01%
2.9%	Capital Research and Management Company	2,269,011	US$85.4m	-8.08%	no data
2.71%	Macquarie Investment Management Business Trust	2,113,743	US$79.5m	-0.32%	0.1%
2.7%	Van Berkom and Associates Inc.	2,106,663	US$79.3m	-10.4%	2.45%
2.6%	Assenagon Asset Management S.A.	2,034,419	US$76.5m	70.9%	0.11%
2.51%	American Century Investment Management Inc	1,957,179	US$73.6m	8.04%	0.04%
2.44%	Geode Capital Management, LLC	1,903,883	US$71.6m	-0.35%	no data
1.85%	FMR LLC	1,444,744	US$54.4m	-4.76%	no data
1.67%	Donald Smith & Co., Inc.	1,307,868	US$49.2m	34.9%	1.19%
1.66%	Frontier Capital Management Co LLC	1,298,027	US$48.8m	-3.5%	0.48%
1.64%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	1,283,417	US$48.3m	0.36%	0.01%
1.38%	Charles Schwab Investment Management, Inc.	1,075,428	US$40.5m	0%	0.01%
1.15%	Northern Trust Global Investments	895,877	US$33.7m	11.5%	no data
1.13%	ClearBridge Investments, LLC	879,176	US$33.1m	-5.77%	0.03%
1.1%	Invesco Capital Management LLC	860,998	US$32.4m	31.8%	0.01%
1.07%	GoldenTree Asset Management LP	833,330	US$31.3m	68.3%	2.49%
0.83%	Arrowstreet Capital, Limited Partnership	649,132	US$24.4m	-2.58%	0.02%
0.82%	Morgan Stanley, Investment Banking and Brokerage Investments	642,221	US$24.2m	-44%	no data
0.79%	Goldman Sachs Group, Investment Banking and Securities Investments	616,110	US$23.2m	0%	0.01%
0.76%	JP Morgan Asset Management	595,210	US$22.4m	-9.93%	no data
0.71%	Barclays PLC Private Banking & Investment Banking Investment	555,618	US$20.9m	44%	0.01%
0.71%	PanAgora Asset Management, Inc.	552,516	US$20.8m	1.82%	0.1%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/05 14:43
End of Day Share Price	2025/05/05 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NMI Holdings, Inc. is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mark DeVries	Barclays
Mark DeVries	Barclays
Terry Ma	Barclays